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Scaling startups top priority as EU reboots its top team


Europe must get much better at scaling startups. That's the prognosis of the European Union's president, Ursula von der Leyen, who's on the cusp of taking

That’s the prognosis of the European Union’s president, Ursula von der Leyen, who’s on the cusp of taking up her second five-year term steering the bloc of some 449 million people — with a December 1 start date now locked in. Support for innovators is a key plank of von der Leyen’s second term — hence the decision to create, for the first time, a commissioner with a portfolio focused on startups ( Ekaterina Zaharieva). While her speech to MEPs highlighted the “good news” that Europe’s share of global patent applications is “on par with the U.S. and China”, von der Leyen underscored that only one-third are commercially exploited.

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